LIVING WORD CHURCH NETWORK
(1) Teaching, preaching, discipleship, training, equipping, educational, worship, pastoral care, prayer ministry, outreach, church planting. (2) Leading and participating in mission teams (UK and overseas).(3) Networking and engaging with other churches, organisations and people sharing our vision, values and doctrine.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £27,140 for the year ended 31 December 2024, with total income of £202,731 against total expenditure of £229,871. Per the trustees' report, unrestricted free reserves stood at £84,327, which is below the stated policy target of approximately £100,000 (six months' running expenses).
What the accounts disclose
“The charity aims to maintain sufficient reserves to cover a minimum of six months' running expenses (approximately £100,000).” — page 7
“Christopher Wickland is considered a related party as he is both an employee of the charity and a close family member of trustee Tracey Wickland. The total remuneration received during the year, including employer pension contributions, amounted to £40,476 (2023: £31,060).” — page 21
“Serenity Wickland is a related party due to her provision of paid services to the charity and her close family relationship with trustee Tracey Wickland. The total payments made during the year for cleaning services amounted to £2,120 (2023: £1,640).” — page 21
“Christopher Wickland is considered a related party as he is both an employee of the charity and a close family member of trustee Tracey Wickland. The total remuneration received during the year, including employer pension contributions, amounted to £40,476 (2023: £31,060).” — page 21
“Serenity Wickland is a related party due to her provision of paid services to the charity and her close family relationship with trustee Tracey Wickland. The total payments made during the year for cleaning services amounted to £2,120 (2023: £1,640).” — page 21
“Christopher Wickland is considered a related party as he is both an employee of the charity and a close family member of trustee Tracey Wickland. The total remuneration received during the year, including employer pension contributions, amounted to £40,476 (2023: £31,060).” — page 21
“Serenity Wickland is a related party due to her provision of paid services to the charity and her close family relationship with trustee Tracey Wickland. The total payments made during the year for cleaning services amounted to £2,120 (2023: £1,640).” — page 21
“Christopher Wickland is considered a related party as he is both an employee of the charity and a close family member of trustee Tracey Wickland. The total remuneration received during the year, including employer pension contributions, amounted to £40,476 (2023: £31,060).” — page 21
“Serenity Wickland is a related party due to her provision of paid services to the charity and her close family relationship with trustee Tracey Wickland. The total payments made during the year for cleaning services amounted to £2,120 (2023: £1,640).” — page 21
Property (HM Land Registry)
Register events
- Received assets from another charity (29/08/2025)
- Received assets from another charity (12/02/2021)
- Received assets from another charity (14/07/2020)
- Received assets from another charity (14/07/2020)
Trustees
- Colin Gallaugherchair
- Jane Cresdee
- Monique Gallaugher
- Tracey Wickland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £203k | £230k |
| 31/12/2023 | £187k | £199k |
| 31/12/2022 | £192k | £213k |
| 31/12/2021 | £159k | £169k |
| 31/12/2020 | £228k | £150k |
Common questions
Is LIVING WORD CHURCH NETWORK financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £27,140 for the year ended 31 December 2024, with total income of £202,731 against total expenditure of £229,871. Per the trustees' report, unrestricted free reserves stood at £84,327, which is below the stated policy target of approximately £100,000 (six months' running expenses). Its FY2024 accounts were independently examined.